SWEDEN PASSES AMBITIOUS CLIMATE LAW TO BE CARBON NEUTRAL BY 2045

Sweden passed a new Climate Act on Thursday, legally binding the country to reach net-zero emissions by the year 2045. The act, which passed in parliament by a vote of 254 to 41, is even more ambitious than what the Scandinavian country pledged under the Paris Agreement: Under the new act, Sweden will reach carbon neutrality five years earlier.

According to a recent analysis, Sweden is one of just three European countries with climate policies in line with the goals of the 2015 Paris Agreement. The country has had a carbon tax in place since the 1990s and has invested heavily in wind and solar since the early aughts. Sweden derives only 25 percent of its energy from fossil fuel.

To read the full article please click here

Source: Pacific Standard

Trump, carbon neutrality and the next phase of business sustainability

The Trump administration appears to be moving in one direction on the issue of climate change with the appointment of climate skeptic Scott Pruitt to head up the Environmental Protection Agency (EPA) and a transition team led by and stacked with fossil fuel interests.

Yet many within corporate America are heading in another direction. Consider Kevin Butt, regional environmental sustainability director for Toyota Motor North America, and his charge to take the company “beyond zero environmental impact” by reducing and eventually eliminating CO₂ emissions from vehicle operation, manufacturing, materials production and energy sources by 2050.

This type of effort is not as crazy as it may seem. Solutions to climate change require new types of aggressive thinking. While global treaties to reduce greenhouse gas emissions are important, they are not enough. Eventually society has to go carbon neutral, and then it has to go carbon negative.

To read the full article please click here

Source: The Conversation

Sweden to go carbon neutral by 2045

Sweden is aiming to neutralise its greenhouse gas emissions by 2045.

The Scandinavian country will cut territorial emissions at least 85% from 1990 levels and offset the rest by investing in overseas green projects.2

That was the proposal unveiled on Tuesday by a parliamentary committee responsible for environmental policy, backed by seven out of eight parties. Only the Sweden Democrats, who got 13% of votes in the 2014 election, are not represented on the committee.

It is a speeding up of the low carbon transition, from a previous target to be carbon neutral by 2050.

To Read the full article please click here

Source: Climate Change News

Philips vows to go ‘carbon neutral’ by 2020

Philips has become the latest global company to announce plans to accelerate its emissions reductions efforts, declaring it will become “carbon neutral” by 2020.

The company made the announcement earlier this week on the sidelines of the Paris climate summit, confirming it also plans to source 100 per cent of its power from renewable sources and accelerate the roll out of its ultra-efficient LED lighting technologies.

The company said it has reduced its carbon emissions by 40 per cent since 2007 and increased its share of renewable energy to 55 per cent. However, it now “wants to accelerate its emissions reductions and achieve carbon neutrality in the next five years”.

To read the full article please click here

Source: Business Green

Siemens pledges to halve emissions and go ‘climate neutral’

German engineering giant becomes latest multinational to promise big emissions reductions within five years

Engineering giant Siemens has this week pledged to go “climate neutral” by 2030, in a bid to become the first major industrial company to fully offset its climate impact and deliver a “net zero carbon footprint”.

The German multinational also committed to delivering steep reductions in its carbon emissions, announcing a new target to halve its carbon emissions, which currently sit at around 2.2 million metric tons a year, over the next five years.

To read the full article please click here

Source: Business Green